BAFE vs GQI
Brown Advisory Flexible Equity ETF vs Natixis Gateway Quality Income ETF
Which is better, BAFE or GQI?
GQI has been ahead.
GQI has a lower expense ratio. GQI led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BAFE | GQI |
|---|---|---|
| Expense Ratio | 0.54% | 0.34%Best |
| AUM | $1.8B | $304M |
| Dividend Yield | 0.27% | 8.66% |
| Holdings | 90 | 110 |
| YTD Return | +9.97% | +15.06%Best |
| 1Y Return | +12.65% | +21.24%Best |
| Volatility (annualized) | 13.2% | 8.8%Best |
| Max Drawdown | -18.4% | -16.6%Best |
| $10,000 over 1.9 years | $12,035 | $13,321Best |
| Fund Family | Brown Advisory | Natixis Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 18, 2024 | Dec 13, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 18, 2024 to Oct 14, 2026 (1.9 years).
BAFE vs GQI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
BAFE vs GQI Performance
Brown Advisory Flexible Equity ETF (BAFE) is an ETF from Brown Advisory and Natixis Gateway Quality Income ETF (GQI) is an ETF from Natixis Funds. Over the past year BAFE returned +12.65% while GQI returned +21.24%. Year to date, BAFE is up 9.97% versus a gain of 15.06% for GQI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAFE has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 8.8% for GQI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.4% for BAFE and -16.6% for GQI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAFE charges 0.54% per year while GQI charges 0.34%. On a $10,000 position that is $54 vs $34 annually, a gap of $20 per year that compounds over a long holding period. On income, BAFE currently yields 0.27% against 8.66% for GQI.
Holdings Overlap
At least 38.5% of BAFE's money is in holdings GQI also owns.
Stated as a floor: for GQI, our book for it covers 89.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
12 positions in common, counted across the 42 positions we hold weights for in BAFE and 118 in GQI, against full books of 90 and 110.
Top Shared Holdings
| Stock | Weight in BAFE | Weight in GQI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.84% | 8.31% | 4.47% |
| MSFTMicrosoft Corp | 6.49% | 4.06% | 2.43% |
| AAPLApple, Inc | 1.90% | 7.52% | 5.62% |
| GOOGLAlphabet Inc | 3.72% | 5.23% | 1.51% |
| AMZNAmazon.Com Inc | 4.42% | 3.31% | 1.11% |
| METAMeta Platforms Inc | 4.60% | 2.11% | 2.49% |
| MAMastercard Inc | 3.73% | 2.31% | 1.42% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.11% | 1.27% | 1.84% |
| KLACKla-tencor | 2.28% | 0.40% | 1.88% |
| BKNGBooking Holdings, Inc. | 2.04% | 0.16% | 1.88% |
38.5% of BAFE is already inside GQI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAFE or GQI?
BAFE has an expense ratio of 0.54% while GQI charges 0.34%. GQI is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BAFE or GQI?
Over the past year BAFE returned +12.65% vs +21.24% for GQI, so GQI leads on 1-year performance. Over the longest common window we track (2 years), BAFE annualized +10.24% vs +16.29% for GQI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAFE or GQI?
BAFE has been the more volatile fund at 13.2% annualized versus 8.8% for GQI. Worst drawdown: BAFE -18.4% vs GQI -16.6%.
Should I hold both BAFE and GQI?
BAFE and GQI have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BAFE and GQI?
At least 38.5% of BAFE's money is in holdings GQI also owns. Our book for GQI is partial, so the real figure is this or higher. They hold 12 positions in common, counted across the 42 positions we hold weights for in BAFE and 118 in GQI.
Which pays a higher dividend, BAFE or GQI?
BAFE yields 0.27% while GQI yields 8.66%, so GQI currently pays the higher dividend yield.
Is GQI better than BAFE?
GQI has a lower expense ratio. GQI led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.